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Join Our Telegram channel to stay up to date on breaking news coverage 2023  is just a few hours away, and people have been thinking about the performance of some of the biggest successes — and failures of this year. The double hit that the cryptocurrency market suffered this year, one due to the LUNA crash and the other due to FTX – has led many not to look at memecoins the same as they did back in 2021. Take the SHIB price, for instance. This token fell steeply once it entered 2022. And at the time of writing, it is trading at $0.000008098. But does that mean it would remain in the same price zone next year – or would something better happen that would push the price of this asset even more? SHIB Price History in 2022 2022 has been a bad year for all cryptocurrencies. Even the best altcoins have slipped from their highs to closer to their all-time lows because of the FTX-triggered crash. Memecoins, however, have received a different reaction from the cryptocurrency crowd.

This year has been difficult for crypto-based organizations. Companies that exuded a strong foothold in the crypto space shut shop, the profitability numbers of the ones that managed to stay afloat went downhill, and investors paid a hefty price. With just a day left for the year to end, another not-so-positive development has shaped up. Chinese Journalist Colin Wu took to Twitter to claim that Huobi is allegedly going to cancel all year-end bonuses. Wu also stated that the exchange is preparing to lay off nearly half of its team. The size is likely to reduce from 1,200 people to 600-800 people. Citing anonymous insider sources, Wu also revealed that Huobi will slash the salaries of senior employees. Justin Sun ’s Huobi exchange will cancel all year-end bonuses, and will prepare to lay off the team of 1,200 people to 600-800 people, and cut the salaries of senior employees, according to several insiders. Exclusive — Wu Blockchain (@WuBlockchain) December 30, 2022 This

Join Our Telegram channel to stay up to date on breaking news coverage The Ethereum Classic price prediction shows that ETC is likely to cross above the 9-day and 21-day moving averages to continue the upward trend . Ethereum Price Prediction Statistics Data: Ethereum Classic price now – $15.9 Ethereum Classic market cap – $2.2 billion Ethereum Classic circulating supply – 138 million Ethereum Classic total supply – 210 million Ethereum Classic Coinmarketcap ranking – #25 ETC/USD Market Key Levels: Resistance levels: $22, $24, $26 Support levels: $10, $8, $6 ETCUSD – Daily Chart ETC/USD is currently changing hands at around $15.9 as the coin touches the daily high at $16.14 with a market cap of $2.2 billion. Today’s trading begins with a slight up trend in the market as the coin moves to cross above the 9-day moving average. However, traders are anticipating that the current price movement is an indication of the upcoming price rally in the market. Ethereum Class

The Bitcoin price prediction shows that BTC sees a 0.63% decline after trading near the $17,000 resistance level, the first digital asset heads lower. Bitcoin Prediction Statistics Data: Bitcoin price now – $16,593 Bitcoin market cap – $319.5 billion Bitcoin circulating supply – 19.2 million Bitcoin total supply – 19.2 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $21,000, $23,000, $25,000 Support Levels: $14,000, $12,000, $10,000 BTC/USD loses its momentum after trading near the resistance level of $17,000. As of writing, the king coin is down 0.63% on the day at $16,733 below the 9-day and 21-day moving averages. Meanwhile, Bitcoin (BTC) may struggle to close above $17,000 and if it does, it should be free to rise well above $18,000 if it moves in the next positive direction. Bitcoin Price Prediction: Bitcoin (BTC) Range-bounds After a slightly positive move above $16,700, the Bitcoin price is

Crypto Adventure is excited to announce its new crypto guest post feature. This self-service platform is designed to help cryptocurrency businesses and publishers reach crypto communities at an affordable price. With this portal, Crypto Adventure makes it easy for companies and publishers to get their message out and connect with potential customers. The announcement is a significant step forward for the firm, which works to help businesses succeed in the crypto world. A New Way to Reach the Crypto Community Crypto Adventure is launching a revolutionary new automated service designed in a self-service style. By leveraging the platform, anyone can quickly write a guest post and have it published on this website. This strategy is a low-cost way to access a vast and dedicated crypto audience. In addition, the service offers many advantages, from sharing knowledge to driving traffic and SEO rankings

The blockchain executive urged users who downloaded the BitKeep 7.2.9. APK malware to transfer their assets immediately. According to a letter posted on Chinese block Chain news publisher Odaily.com on Dec. 27, Kevin Como, the anonymous CEO of BitKeep, warned that users’ private keys are still at risk after a security incident on Dec. 26 led to over $13 million in losses at the time of publication. BitKeep is one of the more popular noncustodial, decentralized finance multichain wallets with over 6 million users . Specifically, Como wrote: “This was a large and atrocious hacker attack incident. The BitKeep APK 7.2.9 (Android Package Kit) installation package was hijacked and swapped by the hacker, and as a result, some users already installed the APKs that were planted malware by the hackers, leading to a leak of users’ private keys.” Como urged users who had already downloaded the Android APK 7.2.9. to transfer their digital assets to a new wallet. “It is probable that [these wa

Bitcoin’s total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hash power during a massive winter freeze. Statistics show that close to 100 exahash dropped off the network but rebounded from the 170 EH/s low to 240 EH/s by 12:00 p.m. (ET). Texas Bitcoin Miners Curtail Computational Power After reaching 272 exahash per second (EH/s) on Dec. 24, 2022, the network’s hashrate plunged during the early hours the very next day as it dropped to 170 EH/s. A myriad of reports detail that because of the cold weather in Texas, bitcoin miners located in the area have voluntarily shut down operations. Bitcoin supporter Dennis Porter shared a screenshot of a message from the bitcoin mining operation Lancium as the business shut down its Ft. Stockton facility to give more power to the grid. “Bitcoin miners have once again voluntarily shut off power during an extreme weather event in Texas,” Porter tweeted. “Bitcoi

Join Our Telegram channel to stay up to date on breaking news coverage Akon, an R&B artist, claims that his long-delayed plans for Akon City, a metropolis in Africa on the coast of Senegal, are “100% moving.” He claims that even if goats are currently grazing there, in the future, detractors will appear “extremely foolish.” The Smack That singer also promised fans awaiting refunds from his Token of Appreciation crypto currency campaign that they would get their money back, even if he had to pay them out of his own pocket. Widely renowned for his series of No. 1 successes in the 2000s Akon, who was reared in Senegal but was born in the United States, revealed two large-scale initiatives in 2018 that were meant to symbolize the future of African society. The first was a supposedly $6 billion (£5 billion) city full of daringly curved towers. The second venture, a brand-new crypto currency named Akoin, was to power it. However, challenges and delays have plagued both projec

Ethereum’s most significant upgrade, The Merge, changed the protocol’s consensus mechanism from Proof of Work [PoW] to Proof of Stake [PoS]. The latter model is comparatively more eco-friendly. In the days following the Merge, Ethereum’s energy usage and carbon footprint was slashed down by approximately 99.99%. Regardless, skepticism still prevails. Crypto exchange Paxful, for instance, recently delisted the largest Altcoin. Ray Youssef, the CEO Paxful said that Ethereum is not decentralized. He went on to stress that it is controlled by a small group of people and warned users that one day they will need permission to use it. Youssef then pointed out how BTC frees billions of people and opined that ETH’s shift to PoS defies the same. He added, “Proof-of-work is the innovation that makes Bitcoin the only honest money there is, whereas proof-of-stake has rendered ETH essentially a digital form of fiat.” Thus, despite Ethereum shifting to PoS, it is evident that PoW has not b

As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining pool Foundry USA discovered the most block rewards this year, as the operation found 11,779 bitcoin blocks out of the 53,240 rewards mined during the last 365 days. More Than 53K Bitcoin Block Rewards Discovered in 2022, Top Five Mining Pools Mined a Total of 39,545 Blocks On Thursday, Dec. 22, 2022, metrics show that 53,240 blocks were mined this year and a total of 23 known mining pools discovered the block subsidies. Presently, bitcoin’s price and high mining difficulty rating are making it awfully hard for miners to profit at the end of the year. Data indicates that the average BTC mining cost according to metrics from macromicro.me is around $18,816 per unit, while BTC’s average spot market value in U.S. dollars is $16,800 per unit. The

Join Our Telegram channel to stay up to date on breaking news coverage If there is one significant aspect of the numerous crashes in the crypto sector over the past year that the mainstream media has overlooked, it is this: crypto has very little to do with the collapse of the industry. The use of blockchain technology to create uncensorable, open-access, and immutable global shared ledgers—typically financial ledgers—is known as cryptocurrency. However, attempts to utilize financial engineering to convert the future worth of those systems into current-day U.S. dollars accounted for the majority of the major crimes and failures of 2023. Too frequently, the finance bros placed large bets using the same flimsy, stacked, and interlocking leverage that caused the financial collapse of 2008. Sometimes they employed pure fraud; they conducted it off-chain, without following any standards, and in an opaque manner. However, it would have been more correct to describe them as freeloade